H. Tillman performed legal services for J. Laney. Due to a cash shortage, an agreement was reached whereby J. Laney. would pay H. Tillman a legal fee of approximately $11900 by issuing 2900 shares of its common stock (par $1). The stock trades on a daily basis and the market price of the stock on the day the debt was settled is $4.60 per share. Given this information, the journal entry for J. Laney. to record this transaction is: Legal Expense Common Stock 11900 2900 Paid-in Capital in Excess of Par - Common 9000 Legal Expense Common Stock Paid-in Capital in Excess of Par - Common 13340 2900 10440 O Legal Expense 11900 Common Stock 11900 Legal Expense Common Stock 13340 13340